Author: forex24pro

I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the beginning of the development of the reversal pattern “Head and Shoulders”. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continued growth in the value of the instrument already from current levels. At the time of publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar…

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Currency pair Dollar Franc USD/CHF continues to move as part of growth and a bullish channel. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 69.95. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the US currency and a potential continuation of the growth of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for December 22, 2022, we should expect an attempt to…

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Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of growth and a bullish channel. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 69.95. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the US currency and a potential continuation of the growth of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for December 23, 2022, we should expect an attempt…

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BTC/USD are trading at 1208 and continue to move as part of a bullish correction and a downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $148,156,459,824. Moving averages indicate the presence of a short-term bearish trend for Ethereum. Prices have broken through the area between the signal lines down, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the coin…

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Ethereum are trading at 1208 and continue to move as part of a bullish correction and a downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $148,156,459,824. Moving averages indicate the presence of a short-term bearish trend for Ethereum. Prices have broken through the area between the signal lines down, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the coin…

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XRP/USD are trading at 0.3372 and continue to move as part of the fall and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $17,272,388,367. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall in the XRP rate on the market already from current levels. At the moment, we should expect an attempt to develop a correction of the asset and…

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LTC/USD are trading at 65.49 and continue to move as part of the fall and the development of the Head and Shoulders reversal pattern. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $4,721,672,786. Moving averages indicate the presence of a short-term sideways trend for Litecoin. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop a correction in the value of the digital…

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Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and the formation of the “Wedge” reversal pattern. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the European currency and a potential continuation of the growth of asset quotes already from current levels. At the time of the publication of the forecast, the EUR/USD exchange rate is 1.0611. As part of the Forex forecast December 21, 2022, we should expect an attempt to develop a rise…

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Currency pair Pound/Dollar GBP/USD continues to move as part of the development of a correction and a bullish channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.2177. Moving averages indicate the presence of a short-term bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of the growth of the instrument. At the moment, we should expect an attempt to develop a correction in the price of the British Pound against the…

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Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the correction and the beginning of the development of the reversal pattern “Wedge”. Moving averages indicate a short-term uptrend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continued growth in the value of the instrument already from current levels. At the time of the publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.6725. At the moment, we should expect an attempt to develop a correction in the pair…

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